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- Tasks: Lead a team, grow relationships, and develop marketing strategies for The Money Co-op.
- Company: Join a member-focused credit union with over 8,000 members and a mission to provide fair financial services.
- Benefits: Competitive salary of £60-70k, opportunity to shape a new brand, and work in a dynamic environment.
- Why this job: Be part of a transformative journey in the financial sector, making a real impact on communities.
- Qualifications: Degree level education or equivalent experience; financial services or co-operative movement experience is a plus.
- Other info: Applications close on March 28, 2025. Reach out for more info!
The predicted salary is between 60000 - 70000 £ per year.
The Co-op Credit Union serves members working in co-operatives, charities and other mutual organisations across the UK. It has over 8,000 members and assets of £7m and is based in Manchester city centre.
It is regulated by the PRA and FCA and is a member of the Financial Services Compensation Scheme and the Financial Ombudsman Service.
The credit union has ambitious plans for growing the business to serve members with attractive and fair priced savings and loans products offering a real co-operative alternative to other financial institutions and especially to high-cost credit providers.
In recent years it has moved from service by phone and post to predominantly online / app delivered services. And in 2025 it has announced a move to a new brand name – ‘The Money Co-op’ – to better reflect the broadening of its ‘common bond’ to other mutual organisations and charities, and to open up new growth opportunities.
The role holder will report to the board of the credit union which is looking for an individual who can:
- Lead the team of 9 staff
- Establish and grow relationships with senior management of the various co-operative and mutual organisations that we draw our members from; the largest of whom is The Co-operative Group in Manchester
- Provide effective leadership over sales and marketing activities to develop the business
- And, in particular, embed and develop the new brand name, ‘The Money Co-op’, as we seek to grow into new sectors
- Ensure an appropriate risk management/compliance framework is in place
- Work with the board of non-executive directors on strategy development and delivery
- Deliver agreed objectives within agreed timescales.
Experience of working in a credit union or other financial services providers or the co-operative movement would be desirable but not a requirement. Education to degree level or equivalent experience is expected.
Salary will be in the range £60-70k depending on skills and experience.
To receive the job profile and to make informal enquiries about the role, email:
Further information about us can be found on The Co-op Credit Union website at:
Interested candidates should submit their CV, together with a statement on their interest in the role to:
CLOSING DATE FOR APPLICATIONS: Friday 28 March 2025.
Chief Executive Officer employer: The Co-op Credit Union
Contact Detail:
The Co-op Credit Union Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Chief Executive Officer
✨Tip Number 1
Familiarize yourself with the co-operative movement and its principles. Understanding the values and mission of co-operatives will help you connect with the board and demonstrate your alignment with their goals.
✨Tip Number 2
Network with professionals in the financial services sector, especially those involved with credit unions or co-operatives. Building relationships can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Stay updated on trends in online banking and app-based financial services. Highlighting your knowledge in this area will show that you are prepared to lead the transition to 'The Money Co-op' brand effectively.
✨Tip Number 4
Prepare to discuss your leadership style and how you would manage a team of 9 staff. Be ready to share examples of how you've successfully led teams in the past, particularly in challenging environments.
We think you need these skills to ace Chief Executive Officer
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Chief Executive Officer position. Understand the key responsibilities, such as leading a team, establishing relationships with co-operative organizations, and developing the new brand name 'The Money Co-op'.
Tailor Your CV: Customize your CV to highlight relevant experience in leadership, sales, marketing, and risk management. Emphasize any previous roles in financial services or the co-operative movement, even if they are not strictly required.
Craft a Compelling Statement: Write a strong statement expressing your interest in the role. Discuss why you are passionate about the co-operative model and how your skills align with the credit union's goals, particularly in growing the business and embedding the new brand.
Double-Check Your Application: Before submitting, review your CV and statement for clarity and accuracy. Ensure that all information is complete and that you have adhered to the application guidelines, including the closing date of 28 March 2025.
How to prepare for a job interview at The Co-op Credit Union
✨Understand the Co-operative Movement
Familiarize yourself with the principles and values of the co-operative movement. This will help you demonstrate your alignment with the organization's mission and your ability to lead effectively within this framework.
✨Showcase Leadership Experience
Prepare examples from your past roles where you successfully led teams or projects. Highlight your ability to inspire and manage a diverse team, as well as your experience in developing relationships with senior management in similar sectors.
✨Discuss Brand Development Strategies
Be ready to discuss how you would approach the branding transition to 'The Money Co-op'. Share innovative ideas on how to embed the new brand name while expanding into new sectors, showcasing your strategic thinking.
✨Emphasize Risk Management Skills
Demonstrate your understanding of risk management and compliance frameworks. Prepare to discuss how you would ensure these are effectively implemented within the organization, which is crucial for maintaining trust and stability in financial services.
